Materialise (MTLS) Research & Development (2013 - 2026)
Materialise's Research & Development came in at $14.73 million for the quarter ended Sep 30, 2026, up 10.2% from $13.37 million a year earlier and up 2.9% from the prior quarter.
Materialise (MTLS) Research & Development (2013 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Materialise reported Research & Development of $57.06 million, up 12.1% year-over-year; for the year ended Dec 31, 2025, it came in at $52.07 million, up 8.4% from the prior year.
- Research & Development has increased in each of the last six years, with a five-year compound annual growth rate of 11.0% (years ended Dec 2020 to Dec 2025).
- Going back by year, Research & Development was $48.06 million in the year ended Dec 31, 2024 (+16.6%), $41.21 million in the year ended Dec 31, 2023 (+4.1%), $39.6 million in the year ended Dec 31, 2022 (+24.4%) and $31.82 million in the year ended Dec 31, 2021 (+2.8%).
- The figure for the quarter ended Sep 30, 2026 represents the highest quarterly Research & Development in data going back to the quarter ended Jun 30, 2013.
- Year-over-year, Research & Development has increased for 11 consecutive quarters, with growth averaging 11.5% over the last eight quarters.
- The fastest year-over-year change in Research & Development over five years came in the quarter ended Dec 31, 2022 (growth of 48.6%), and the weakest in the quarter ended Dec 31, 2021 (a decline of 23.7%).
- Business Quant data shows MTLS's Research & Development at $14.31 million (quarter ended Jun 30, 2026), $13.92 million (quarter ended Mar 31, 2026) and $14.1 million (quarter ended Dec 31, 2025) in the three quarters before the quarter ended Sep 30, 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 386.60 Bn | 351.42 Bn | 1.93 Bn | 219.72 Mn |
| 2 | Oracle | 343.94 Bn | 216.07 Bn | - | 2.40 Bn |
| 3 | Sap Se | 272.35 Bn | 199.75 Bn | 8.64 Bn | 2.15 Bn |
| 4 | Salesforce | 175.46 Bn | 131.33 Bn | 8.70 Bn | 1.69 Bn |
| 5 | Automatic Data Processing | 122.07 Bn | 108.86 Bn | 2.53 Bn | 251.30 Mn |
| 6 | ServiceNow | 105.47 Bn | 84.73 Bn | 2.90 Bn | 956.00 Mn |
| 7 | Intuit | 94.25 Bn | 73.60 Bn | 3.44 Bn | 857.00 Mn |
| 8 | Relx | 73.66 Bn | 72.75 Bn | - | - |
| 9 | Strategy | 51.78 Bn | 38.91 Bn | 89.63 Mn | 24.06 Mn |
| 10 | Materialise | 398.11 Mn | -238.44 Mn | 44.91 Mn | 14.73 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 14.73 Mn |
| Jun 30, 2026 | 14.31 Mn |
| Mar 31, 2026 | 13.92 Mn |
| Dec 31, 2025 | 14.10 Mn |
| Sep 30, 2025 | 13.37 Mn |
| Jun 30, 2025 | 12.59 Mn |
| Mar 31, 2025 | 12.01 Mn |
| Dec 31, 2024 | 12.93 Mn |
| Sep 30, 2024 | 12.06 Mn |
| Jun 30, 2024 | 11.94 Mn |
| Mar 31, 2024 | 11.11 Mn |
| Dec 31, 2023 | 10.88 Mn |
| Sep 30, 2023 | 10.32 Mn |
| Jun 30, 2023 | 10.33 Mn |
| Mar 31, 2023 | 9.68 Mn |
| Dec 31, 2022 | 11.73 Mn |
| Sep 30, 2022 | 9.39 Mn |
| Jun 30, 2022 | 9.56 Mn |
| Mar 31, 2022 | 8.77 Mn |
| Dec 31, 2021 | 7.89 Mn |
Materialise Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=MTLS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "MTLS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=MTLS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();